"AVERAGED IN/UP" Code: TIME 4% CONFI #of INT [U](MST)[/U] [U]UNITS[/U] [U]PAIR[/U] [U]ACTION[/U] [u]DENCE[/u] [U]SPREAD[/U] [U]PRICE[/U] [U]TP[/U] [U]PIPS[/U] [U]DIFF[/U] 04:52 9,750 EUR/PLN Short 30 PIPS 3.9140 3.9034 1 Positive Stop: Trade Decision Criteria met: DeMarker Breach solid red line. Open Trades & Statistics: Code: [u]# of UNITS[/u] [u]PAIR[/u] [u]Direction[/u] [u]PRICE[/u] [u]TP[/u] [u]# of PIPS[/u] 51,413 EUR/GBP Short 0.6671 avg. 0.6670 1 31,316 EUR/HUF Short 252.25 avg. 251.19 91 40,578 USD/MXN Short 11.0671 avg. 11.0670 1 40,553 EUR/JPY Long 158.33 avg. 158.34 1 20,218 EUR/PLN Short 3.9035 avg 3.9034 1 Code: Balance # of DAYS Open Banked Gain ROI % TRACKED UPL DD Leverage [color=blue]$14,284.89 $848.95 +6.23 30[/color] [color=red]-$1,434.01 -10.03% 17.9 :1[/color] COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the trades to be illustrated in the "Golden Arch's" trading alerts thread after 02/13/07, or as soon as I get flat in these open trades. est (Forecast/Previous): Code:
"AVERAGED IN/UP" Code: TIME 4% CONFI #of INT [U](MST)[/U] [U]UNITS[/U] [U]PAIR[/U] [U]ACTION[/U] [u]DENCE[/u] [U]SPREAD[/U] [U]PRICE[/U] [U]TP[/U] [U]PIPS[/U] [U]DIFF[/U] 04:52 9,750 EUR/HUF Short 25 PIPS 254.42 252.93 1 Positive Stop: Trade Decision Criteria met: Open Trades & Statistics: Code: [u]# of UNITS[/u] [u]PAIR[/u] [u]Direction[/u] [u]PRICE[/u] [u]TP[/u] [u]# of PIPS[/u] 51,413 EUR/GBP Short 0.6671 avg. 0.6670 1 41,057 EUR/HUF Short 252.94 avg. 252.93 1 40,578 USD/MXN Short 11.0671 avg. 11.0670 1 40,553 EUR/JPY Long 158.33 avg. 158.34 1 20,218 EUR/PLN Short 3.9035 avg 3.9034 1 Code: Balance # of DAYS Open Banked Gain ROI % TRACKED UPL DD Leverage [color=blue]$14,284.89 $848.95 +6.23 30[/color] [color=red]-$1,379.05 -9.65 % 18.8 :1[/color] COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the trades to be illustrated in the "Golden Arch's" trading alerts thread after 02/13/07, or as soon as I get flat in these open trades. est (Forecast/Previous): Code: All Day EUR German CPI m/m (p) 0.5% -0.2% 2:00am EUR German Import Price Index m/m -0.7% -0.2% -0.3% 4:00am CHF Consumption Indicator 1.951 1.896 4:00am EUR M3 Money Supply y/y 9.8% 9.7% 9.7% 4:00am EUR German Retail PMI 45.0 43.9 4:30am GBP BBA Mortgage Approvals m/m 37.8K 40.0K 45.5K 8:30am USD Durable Goods Orders m/m -2.4% 2.9% 8:30am USD Core Durable Goods Orders m/m -0.2% 2.7% 10:00am USD Consumer Confidence 109.0 110.3 10:00am USD Existing Home Sales 6.25M 6.22M 10:00am USD Richmond Fed Index -11 4:45pm NZD Building Consents m/m -4.9% 6:30pm JPY Manufacturing PMI 53.4 6:50pm JPY Industrial Production m/m (p) -1.8% 0.9% 6:50pm JPY Retail Sales y/y 0.2% -0.2% 6:50pm JPY Large Retailers' Sales y/y -1.0% -2.4% 7:30pm AUD Construction Work Done q/q 1.5% -2.1%
"EXITED FOR A 1 PIP PROFIT" Code: TIME 4% CONFI #of INT [U](MST)[/U] [U]UNITS[/U] [U]PAIR[/U] [U]ACTION[/U] [u]DENCE[/u] [U]SPREAD[/U] [U]PRICE[/U] [U]TP[/U] [U]PIPS[/U] [U]DIFF[/U] 08:45 20,218 EUR/PLN Short 25 PIPS 3.9035 3.9034 1 Positive Stop: Trade Decision Criteria met: Open Trades & Statistics: Code: [u]# of UNITS[/u] [u]PAIR[/u] [u]Direction[/u] [u]PRICE[/u] [u]TP[/u] [u]# of PIPS[/u] 51,413 EUR/GBP Short 0.6671 avg. 0.6670 1 41,057 EUR/HUF Short 252.94 avg. 252.93 1 40,578 USD/MXN Short 11.0671 avg. 11.0670 1 40,553 EUR/JPY Long 158.33 avg. 158.34 1 Code: Balance # of DAYS Open Banked Gain ROI % TRACKED UPL DD Leverage [color=blue]$14,294.83 $849.60 +6.20 30[/color] [color=red]-$2,105.04 -14.73 % 17.8 :1[/color] COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the trades to be illustrated in the "Golden Arch's" trading alerts thread after 02/13/07, or as soon as I get flat in these open trades. est (Forecast/Previous): Code: All Day EUR German CPI m/m (p) 0.5% -0.2% 4:45pm NZD Building Consents m/m -4.9% 6:30pm JPY Manufacturing PMI 53.4 6:50pm JPY Industrial Production m/m (p) -1.8% 0.9% 6:50pm JPY Retail Sales y/y 0.2% -0.2% 6:50pm JPY Large Retailers' Sales y/y -1.0% -2.4% 7:30pm AUD Construction Work Done q/q 1.5% -2.1%
"AVERAGED IN/UP" Code: TIME 4% CONFI #of INT [U](MST)[/U] [U]UNITS[/U] [U]PAIR[/U] [U]ACTION[/U] [u]DENCE[/u] [U]SPREAD[/U] [U]PRICE[/U] [U]TP[/U] [U]PIPS[/U] [U]DIFF[/U] 12:41 8,792 EUR/HUF Short 100 PIPS 256.73 253.59 1 Positive Stop: Trade Decision Criteria met: Open Trades & Statistics: Code: [u]# of UNITS[/u] [u]PAIR[/u] [u]Direction[/u] [u]PRICE[/u] [u]TP[/u] [u]# of PIPS[/u] 51,413 EUR/GBP Short 0.6671 avg. 0.6670 1 49,849 EUR/HUF Short 253.60 avg. 253.59 1 40,578 USD/MXN Short 11.0671 avg. 11.0670 1 40,553 EUR/JPY Long 158.33 avg. 158.34 1 Code: Balance # of DAYS Open Banked Gain ROI % TRACKED UPL DD Leverage [color=blue]$14,294.83 $849.60 +6.20 30[/color] [color=red]-$2,672.39 -18.69% 19.7 :1[/color] COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the trades to be illustrated in the "Golden Arch's" trading alerts thread after 02/13/07, or as soon as I get flat in these open trades. est (Forecast/Previous): Code: All Day EUR German CPI m/m (p) 0.5% -0.2% 4:45pm NZD Building Consents m/m -4.9% 6:30pm JPY Manufacturing PMI 53.4 6:50pm JPY Industrial Production m/m (p) -1.8% 0.9% 6:50pm JPY Retail Sales y/y 0.2% -0.2% 6:50pm JPY Large Retailers' Sales y/y -1.0% -2.4% 7:30pm AUD Construction Work Done q/q 1.5% -2.1%
I have not demonstrated this...but may I remind those of you reading, that this is the general rule, taken straight from the introduction thread..Some of this stuff is a "work-in-progress" and the trend identification method that the arch's provide is valuable. This is a 24hr. method. It generally, does not trade the beginning of each month, until the first Friday has passed. This is when many news reports are new & the NFP comes out. The volatility leading up to and during the National Farm Payroll report (NFP) can be surprising & the method can use more leverage, when abstaining from trading, during that time. I find that I can bank more money trading the 3 wks. with higher leverage, than trading all mo. with lower leverage. and this.... This method will hold trades 2-28 days. It will interpret a direction, using a med-term daily trend indicator (showing a direction that can last as long as 1 yr). This method defines direction & then works its way down to entry. look..I have never claimed to be a great trader. I do not follow my rules which are signs of my weaknesses. I do not take losses when the daily arch tells me NO....I believe in them too much AS LONG AS I HAVE ENTERED THEM EARLY ENOUGH.
ES, Du bist ein grosser Schweinefettkopf, today we have the Sesspoole at 7:00, cad gdp at 8:30, sentiment at 10:00, and finally the "T'arhepiti T'ipijchukua" will give us his rendition of "cry me a river" at 11:00. Oh by the way, figure out a stop. Next Fri NPF. Oh just to remind you that you need a hard technical stop for your arch. The Ever Multiligual And nagging VIPER
I cannot figure out a stop because my entry does not have enough precision. I am considering to take a break...to gain perspective. By the way I got out of the EUR/HUF...but added more EUR/JPY... - 3k in unrealized DD... plus 1k in profits... ....1 month of trading `started with 14k of equity
TV and all.. I am thinking of trading the innerbands with blue line entries and the outer bands (+38.2 and -38.2) of the inner band would be the stops and targets..I would take the statistics with 80% or better with the Virgins...timeframe would not matter....trade size would be 100 dollar trades to begin with... What do you folks think...want to try with me? Definetly "adding to a trade" and "no stops" is not what I want to trade...it does not fit me like a good shoe...Else the trade is right or its wrong...move on and trade the edge....I believe in the Arch's and there should be a better than 50% winrate which is what many of you like...the profit factor is unknown as this is highly discretionary... I would start a new thread and call it the Arch Experiment... ES P.S. I am imagining a timeframe profile to evaluate each trade with, that lists 15, 30, 60, 4 hr & Daily periodicities with their innerband statistics and current arch direction. I would search for blue line entries with the best agreement within the arches and high statistics... P.P.S. the trade size will be self adjusting as the initial target differs with the ATR ...the arches figure this out...no ATR or DeMarker Indicator is needed. The Initial target could be 100 bucks...per 10K of equity, but it would adjust as the arch clicks forward.... The stop or the target would take the trade out...